Finance news

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Car manufacturer: Visiting the Shiroyama test center: How Lexus wants to make electric cars profitable

While many manufacturers are scaling back their ambitions, Toyota's premium brand is investing in electric cars. Lexus relies on mixed platforms and shows on site how the strategy should work.

◇ unclassifiedgermany · europe

15d06/05

How China imperial exam leaves historical footprint and impact on gaokao, modern education

In the first of a two-part series focusing on China’s hugely important national college entrance examination, or gaokao, the SCMP examines and explains the origins of the test and how it influenced not only the nation’s modern education system but those elsewhere in the world. Each June, China’s gaokao turns the country’s classrooms into arenas of aspiration as millions of students sit an exam seen as a path to university and a better future. Its cultural ancestor is sometimes traced to the...

◇ unclassifiedchina · asia

15d06/05

270k cash incoming, what would you do?

Hi all, I just sold a home and got 270k usd cash. Im invested fullly on the narket since 13 years in 90%VT 10%btc (plan on reducing it to 5% when it rebunds). I'm 36yo, from europe and living in a no capital gains tax country (Switzerland). My total nw invested on brokerage is about 2m usd (+ another 250k in a pension account invested more conservatively by my employer). I beleive the stock market is the true only way to generate meaningful financial freedom with the least headaches and I want t

Social◇ unclassifiedeurope

15d06/05

We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped?

“If we were to leave, we would lose a portion of our buy-in — about $80,000.”

◇ unclassifiedusa

15d06/05

Minus 0.2 percent: Euro economy shrank unexpectedly in the first quarter

The euro zone's gross domestic product fell in the first quarter. In a previous estimate, the statistical authority Eurostat had expected slight growth.

◇ unclassifiedgermany · europe · uk

15d06/05⚠ war-conflict · 2/5

Minister of State for Culture: Weimer attacks AfD – “It will collapse like a soufflé”

The Minister of State for Culture clearly criticized the AfD in an interview. The party will lose this legislative period – under one condition.

◇ unclassifiedgermany · europe · usa

15d06/05⚠ war-conflict · 3/5

How a pig farm dispute exposed fault lines in Malaysia’s multiracial politics

Pig farmers in the central state of Selangor have spent years trying to keep their business out of Malaysia’s culture wars. A royal decree has dragged them straight into one. The state’s decision to shut down pig farms, prompted by Sultan Sharafuddin Idris Shah, Selangor’s hereditary ruler, has transformed a long-standing local dispute over pollution and odour into a flashpoint touching on royal influence, the livelihoods of a minority community and the delicate balancing act facing Malaysia’s..

◇ unclassifiedchina · asia · usa

15d06/05⚠ war-conflict · 2/5

Chinese military team inspects Russian bases as Putin hails ‘natural allies’

A PLA inspection team visited several facilities in Russia’s Eastern Military District this week, including an air defence missile unit in the far-eastern Jewish Autonomous Region, Russian media reported. The visit, conducted under a decades-old confidence-building mechanism, came as President Vladimir Putin described China and Russia as “natural allies and partners”, while emphasising that their deepening military cooperation was not directed against any third party. The June 2-3 inspection...

◇ unclassifiedchina · asia · russia

15d06/05

USA: US Senate approves billions in funding for immigration authorities

Because of the narrow majorities, the Republicans are having difficulty holding their group together. In the end, a fund remains possible that could pay out money to Trump supporters.

◇ unclassifiedgermany · europe · usa

15d06/05⚠ war-conflict · 3/5

Codex for legal: Why Open AI focuses on lawyers

The AI market for lawyers is becoming narrower: Open AI is entering the market with its own legal product and is bringing in the co-founder of Ironclad.

◇ unclassifiedgermany · europe · uk

15d06/05

Malaysia's Oil Production Fell 5.5% in Q1

Malaysia's crude and condensate production dropped by 5.5% from a year earlier to 43 million barrels in the first quarter of 2026, due to a slump in crude output, the Department of Statistics Malaysia (DOSM) said on Friday. Crude oil production dipped by 9.4% to 28.1 million barrels in the first quarter, down from 31.5 million barrels for the same period of 2025, the data showed. Condensate output increased by 3% to 14.9 million barrels, up from 14.4 million barrels in the first quarter of 2025.

◇ unclassifiedmiddle-east · russia · usa

15d06/05⚠ war-conflict · 2/5

Three-year plan: Galeria is putting numerous other branches to the test

A major loan is intended to ensure the survival of the Galeria department store chain - and enable a radical restructuring plan, including many closures.

◇ unclassifiedgermany · europe

15d06/05

Neobroker: Trade Republic customers can participate in SpaceX's IPO

Anyone who has a portfolio with the neobroker will soon be able to buy shares in Elon Musk's rocket company. Customers can find out the conditions – and a restriction – via a link.

◇ unclassifiedgermany · europe

15d06/05

UN: Germany applies for Security Council seat for 2035/36 and 2043/44

After the defeat in the UN Security Council election, Germany does not want to waste any time: the federal government has already registered its candidacies for the next term.

◇ unclassifiedgermany · europe

15d06/05

Frankfurt: Several injured after an incident with a Lufthansa plane

According to Lufthansa, the nose gear of a Boeing 787 is folded into the parking position at the terminal. Crew and ground staff were on board - passengers were not yet. The cause is being investigated, the airline said.

◇ unclassifiedgermany · europe · uk

15d06/05⚠ war-conflict · 3/5

Ukraine Support Act: US House of Representatives votes for further Ukraine aid and Russia sanctions

With votes from Republican dissidents, the “Ukraine Support Act” passed the US House of Representatives. The project includes, among other things, more than a billion dollars in aid for Kiev. Further hurdles await in the Senate and White House.

◇ unclassifiedgermany · europe · russia

15d06/05⚠ war-conflict · 2/5

Ukraine war: Zelensky proposes direct meeting with Putin

The Ukrainian president wrote an open letter to the Russian head of state. The majority of Russians are ready for peace, writes Zelensky. Putin declared himself willing to talk – under conditions.

◇ unclassifiedgermany · europe · russia

15d06/05

What SpaceX is really worth, according to the professor known as the dean of valuation

Aswath Damodaran, the New York University finance professor e nickname the “dean of valuation,” had estimated, before getting a look at the prospectus, that SpaceX was worth $1.2 trillion. What he says now.

◇ unclassifiedusa

15d06/05

With an app through the Apennines: Ancient paths around Rome digitally upgraded

Pilgrimage with high technology. 60 digital stations along ancient paths in Italy play information directly onto hikers' smartphones. One goal: focus on lesser-known places.

◇ unclassifiedgermany · europe

15d06/05

Career of Trump supporter: Convicted Capitol stormer now works for the Pentagon

Elias Irizarry, who once helped storm the Capitol with a metal bar and was convicted for it, now works at the Pentagon. The US government under Trump appreciates such a “patriotic professional”.

◇ unclassifiedgermany · europe

15d06/05

Artificial intelligence: Ifo: Over half of German companies use AI

Artificial intelligence can replace human workers in routine tasks. German companies are using the technology to an ever-increasing extent.

◇ unclassifiedgermany · europe

15d06/05

Municipalities: City Council reacts “shocked” to care reform

The municipalities expect the reform to cost billions. The city council criticizes that more elderly people in need of care are being left to the social welfare office.

◇ unclassifiedgermany · europe

15d06/05

No cap on HK$2 transport scheme trips as costs outweigh savings: Hong Kong minister

Hong Kong authorities will not cap the monthly number of subsidised trips that eligible elderly residents and people with disabilities can take under a revamped transport fare scheme, largely because implementation costs would exceed the savings. Secretary for Labour and Welfare Chris Sun Yuk-han revealed the decision on Friday, as data showed that an average of only about 450 people took more than 240 trips a month under the scheme between May last year and April this year, out of about 2.7...

◇ unclassifiedchina · asia · usa

15d06/05

Minus 0.2 percent: Euro economy shrank unexpectedly in the first quarter

The correction became apparent after Ireland had massively revised its economic data: GDP on the island collapsed by 12.1 percent in the first quarter.

◇ unclassifiedgermany · europe

15d06/05

Hong Kong police arrest man after repeated bottle-throwing from flat injures 2

Hong Kong police have arrested a 50-year-old man on suspicion of repeatedly throwing glass bottles from the windows of his Ma On Shan flat over more than two years, injuring two pedestrians. Officers from the Sha Tin district crime unit arrested the man on Friday at his home on Sai Sha Road following an investigation into multiple reports of glass bottles being thrown from flats at the high-rise estate. The man allegedly threw bottles from his flat on eight occasions between 2024 and May 2026...

◇ unclassifiedchina · asia · usa

15d06/05⚠ war-conflict · 2/5

1001 hp: Audi Nuvolari: super sports car for pole position

While ordinary people wait for the successor to the Audi TT, the Bavarians surprise with another sports car: The Nuvolari becomes the fastest and most powerful Audi of all time. It's expensive too.

◇ unclassifiedgermany · europe

15d06/05⚠ war-conflict · 2/5

Taxes: “Too perfect looks suspicious”: What Shakira’s tax case can teach entrepreneurs

The Shakira tax case shows how closely authorities scrutinize foreigners. Management consultant Sebastian Weiß Schnur explains why globally active entrepreneurs shouldn't just count their days abroad.

◇ unclassifiedgermany · europe

15d06/05

Bitcoin hashrate: Bitcoin price falls, hashrate remains stable: What the rate says about the network

While the Bitcoin price falls, the hashrate continues to hover around an important level. But what does this value actually mean? An overview.

◇ unclassifiedgermany · europe

15d06/05

Economy: Euro economy shrank unexpectedly in the first quarter

In an initial estimate, Eurostat had expected slight growth. Now the forecast must be revised downwards. One country in particular is developing worse.

◇ unclassifiedgermany · europe

15d06/05

bAV Allianz perspective 100% subsidy vs. ETF

Hello everyone, I'm a little unsure about my company pension plan and would like to hear your opinion. My employer offers me direct insurance with Allianz (“Perspective”). I could either: pay €30 net/gross (deferred compensation) into the bAV myself and get €30 from the employer or simply put the €30 into an ETF (FTSE All World / MSCI World IMI). That means: either €60 into the bAV (30 + 30 AG) or €30 privately into an ETF. What concerns me a bit: Behind the

Social◇ unclassifiedgermany · usa · europe

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